Judge Sides With SEC Over Do Kwon, Says UST, LUNA Are Securities
The summary judgment removes one of the biggest questions looming over Kwon’s trial, which will now focus solely on allegations of fraud.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
XRP Leads Broad Altcoin Rally as Bitcoin Posts Biggest Weekly Gain in Two Years
XRP jumped nearly 40% above $1.40 as bitcoin logged its biggest weekly gain in two years above $79,000, with Hyperliquid, Zcash an...
Bitcoin ETFs Post $606 Million Inflow Day, Biggest Since May, as BlackRock Takes 83%
US spot Bitcoin ETFs drew $606.29 million on Thursday, their biggest day since 1 May, with BlackRock's IBIT taking 83%. Flows tota...
SEC proposes a path for crypto projects to raise $75 million and later end the token’s securities contract
US regulators have already found a home for true Bitcoin perpetuals inside the CFTC’s exchange framework. The SEC is now turning t...
Bitcoin ETFs Just Had Their Biggest Day Since May—BlackRock Took 83% of It
U.S. spot Bitcoin ETFs pulled in $606 million Thursday, the biggest haul since May. And altcoin funds finally showed up too.
Bitcoin Eyes Biggest Weekly Gain in More Than Two Years as Treasury Buybacks Ignite Rally
Bitcoin jumped to $75,740, on track for its biggest weekly gain since March 2024, after Treasury buybacks, short liquidations and...
Bitcoin Eyes Biggest Weekly Gain Since March 2024 as Treasury Buyback Plan Ignites Rally
Bitcoin topped $75,000 in Asia, heading for its biggest weekly gain since March 2024 after Treasury buyback plans and a short sque...